Archive for August, 2010
jzhengimin asked:
im looking at using scottrade.com, but i really know next to nothing about buying stocks. im not looking for long term investments, just buy low and sell high. what kind of fees or payments there be and how do taxes on this kind of stuff work? my friend once told me the longer you hold a stock, the less the tax on it when you sell. also, how do taxes affect buying a stock? im pretty clueless and any details will help. thanks!
Doyle Banis
im looking at using scottrade.com, but i really know next to nothing about buying stocks. im not looking for long term investments, just buy low and sell high. what kind of fees or payments there be and how do taxes on this kind of stuff work? my friend once told me the longer you hold a stock, the less the tax on it when you sell. also, how do taxes affect buying a stock? im pretty clueless and any details will help. thanks!
Doyle Banis
Mateusz asked:
Like you need a IFIC certificate to sell Mutual Funds to others.
I would like to know if their are laws regarding this. So if lets say my friend Bob here comes to me and says hey i heard you know stocks well, and i say sure i make my own contract of some sort and sell him something and take a small commission.
thanks any info would be greatly appreciated.
Dierdre Leversee
Like you need a IFIC certificate to sell Mutual Funds to others.
I would like to know if their are laws regarding this. So if lets say my friend Bob here comes to me and says hey i heard you know stocks well, and i say sure i make my own contract of some sort and sell him something and take a small commission.
thanks any info would be greatly appreciated.
Dierdre Leversee
looby asked:
I know people are predicting a recession and people are worried. Surly this will all blow over. I was wondering if someone were to have a few spare thousands of pounds, would now be a wise time to invest if they can wait a few years ,if that’s what it takes to make a profit? or is it a possibility they could lose the lot?
I know people are predicting a recession and people are worried. Surly this will all blow over. I was wondering if someone were to have a few spare thousands of pounds, would now be a wise time to invest if they can wait a few years ,if that’s what it takes to make a profit? or is it a possibility they could lose the lot?
Many thanks in advance for your advice and answers.
Nickole Mckinzey























